Partnership and Shareholder Agreements

Partnerships

When forming a partnership, it is of vital importance that you instruct a solicitor to draft an agreement. If you do not, legislation implies certain terms of agreement that may not be desirable to your circumstances. Entering business by partnership is a large undertaking and taking the time, from the outset, to draft a bespoke agreement that provides for all eventualities will prove extremely valuable with regard the practical running of the business, as well as if the business breaks down.

Shareholder agreements

Shareholder agreements are important if the shareholder(s) wish to have more rights than those prescribed by legislation, such as those changing share capita or amending the articles of association. Where, however, shareholders invest and want more rights - due to the time and/or effort they will put into the company - shareholder agreements can provide for these. For example, these agreements can provide that shareholders have rights regarding the business the company carries on, payment of dividends and levels of borrowing.

How we can help

At McHale and Co we are experienced in advising on and drafting bespoke partnership and shareholder agreements that are commercially focussed and driven towards the particular circumstances of the client.

Get in contact

If you would like to discuss a partnership or shareholder agreement, simply call us on 0161 928 3848 or complete our online enquiry form. With offices throughout the North West, including in Manchester city centre, North and South Manchester and Cheshire, we are easily accessible to our clients.